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Debiased/Double Machine Learning for Instrumental Variable Quantile Regressions

Jau-er Chen, Chien-Hsun Huang, Jia-Jyun Tien

arXiv 27 Sep 2019 · Econometrics · publishedEconometrics (2021) · 13 citations (OpenAlex)

arXiv:1909.12592 · PDF · DOI · OpenAlex · Extracted main text

Abstract

In this study, we investigate estimation and inference on a low-dimensional causal parameter in the presence of high-dimensional controls in an instrumental variable quantile regression. Our proposed econometric procedure builds on the Neyman-type orthogonal moment conditions of a previous study Chernozhukov, Hansen and Wuthrich (2018) and is thus relatively insensitive to the estimation of the nuisance parameters. The Monte Carlo experiments show that the estimator copes well with high-dimensional controls. We also apply the procedure to empirically reinvestigate the quantile treatment effect of 401(k) participation on accumulated wealth.

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19
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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Chernozhukov, V., Chetverikov, D., Demirer, M., Duflo, E., Hansen, C… (2018) Double/debiased machine learning for treatment and structural parameters1.00053100%
2Chernozhukov, V.\ and C.\ Hansen (2008) Instrumental variable quantile regression: A robust inference approach0.81142100%
3Belloni, A.\ and V.\ Chernozhukov (2011) $l_1$-penalized quantile regression in high-dimensional sparse models0.73732100%
4Chen, J.-E.\ and C.-W. Hsiang (2019) Causal random forests model using instrumental variable quantile regression self0.73732100%
5Chiou, Y.-Y., Chen, M.-Y., and J.-E.\ Chen (2018) Nonparametric regression with multiple thresholds: estimation and inference self0.73732100%
6Chernozhukov, V.\ and C.\ Hansen (2005) An IV model of quantile treatment effects0.58531100%
7Chernozhukov, V.\ and C.\ Hansen (2004) The effects of 401(k) participation on the wealth distribution: An instrumental quantile regression analysis0.51121100%
8Chernozhukov, V., Hansen, C.\ and M.\ Spindler (2015) Valid post-selection and post-regularization inference: An elementary, general approach0.51121100%
9Athey, S (2017) Beyond prediction: Using big data for policy problem0.40511100%
10Athey, S., Tibshirani, J., and S.\ Wager (2019) Generalized random forests0.40511100%

Showing the top 10 of 19 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Robust Orthogonal Machine Learning of Treatment Effects0.40511
22303.027840.40511
3Estimating Causal Effects with Double Machine Learning - A Method Evaluation0.00011